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BizReport : Loyalty Marketing : April 02, 2007
Washington Post bets "stuff" will build loyalty
Read stories, collect points, get stuff. That is the premise behind the Washington Post's new loyalty program. The more stories readers read online, the more points they build up and the more things they can get with those points.
It's a new push to get online users in touch with the fast-falling newspaper industry. The points program is available to online and offline readers.
Here is how it works: when a user subscribes online or offline, they list their interests and have the option of getting specific content emailed to them. Some other perks to the program are free tickets, retailer discounts and previews of some columns. The points they earn for reading the paper can then be redeemed for anything from travel vouchers to gift certificates.
According to research from The New York Times Company, February ad revenue fell for many of the major papers. NYT revenue was down 6%, McClatchy and Tribune papers' revenue fell 5% and Gannett fell 3%. According to the NAA, paper websites are beginning to build a readership, but getting online readers to return to the same site has been a struggle.
Loyalty programs seem to be a good way to boost readership and ensure that users return time and again. With ad revenue in the physical papers falling and more information and advertising moving online, newspapers are grasping at ways to continue their relevance.
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